for overseas business expansion. Additionally, the Company continued to be adversely affected by news related to manufacturers of substandard products and the closure of the biggest wholesale skincare

while the contract was still applicable. After the termination, the Company stipulated a new policy to engage in distributing products for the channel itself starting July 2019. Initially, the Company

operated integrated stainless center which provided many kinds of services such as procurement, transformation, manufacture and stainless products wholesale and a subsidiary who is the finish goods trader of

goods sold Major cost of goods sold are cost of products consisting of cold rolled stainless steel sheet, Copper, Aluminum, Brass, Galvanized iron with various type as coil, sheet, pipe and axle. The

from 26.01% in previous year to 26.83% due to change in product sales mix of both general merchandise and directly sourced private-label goods, product assortment planning and increasing in gross profit

that happened in the 2nd quarter of 2020, the Company had the production cost increasing from the improvement of work in process products to be the finished goods in order to be able to sell efficiently

volume and higher sale volume in CNF incoterm. . Cost of goods sold and expenses (Thousands Baht) Year Change 4th Quarter Change Amount % Amount % Cost of goods sold (1,060,184) (935,107) (125,077

increased 63.10 percent due to higher gain from exchange rate. 1.2 Cost of goods sold and expenses Consolidated (Thousands Baht) Year Change 4th Quarter Change 2018 2017 Amount % 2018 2017 Amount % Cost of

. Revenue from sale of goods declined by 4.9% from THB 262.0 million to THB 249.1 million. Whilst revenue from rental and rendering of services increased 15.0% from THB 26.7 million to THB 30.7 million due to

the same period last year. Revenue from sale of goods declined by 10.6% from THB 236.1 million to THB 211.1 million. Other income decreased by 5.5% from THB 6.9 million to THB 6.5 million. Whilst